Job Description

Requisition Details & Talent Acquisition Contact

Requisition nr:

139716

Talent Acquisition Specialist:

Tshego Semenya

Location:

135 Rivonia Road, Sandown

Closing date:

11 June 2025

Cluster

Nedbank Retail Business Banking

Career Stream

Enterprise Wide Risk Management

Leadership Pipeline

Manage Self: Professional

Position

Senior Risk Manager

Why join our team!

This Senior Risk Manager role offers a unique opportunity to work at the heart of enterprise-wide risk management, with direct involvement in reporting to board, group, and cluster-level committees. The position is embedded in a team that values collaboration, adaptability, and continuous learning, especially in a time of organizational transformation. The role provides exposure to high-level strategic discussions and the chance to engage with executive leadership, making it ideal for someone interested in broadening their understanding of risk across the business. With a focus on enterprise risk, policy frameworks, and governance, this role is positioned to offer meaningful professional development and visibility within the organization. It's a space where curiosity, initiative, and a strong grasp of risk fundamentals are welcomed and supported.

Job Purpose

To manage integrated and enterprise-wide risk across the business by ensuring ensure that the Group Risk Frameworks, Policies and processes are embedded; operationalised and implemented within the business and provide advice and guidance to mitigate business risks, providing risk-based reporting and ensure that regulatory requirements are met.

Job Responsibilities

Contribute to a culture conducive to the achievement of transformation goals (targets) and support business strategies that improve corporate image by participating in Nedbank Culture building initiatives (e.g. Surveys etc.). Achieve business strategy by participating and encouraging others to participate in and support corporate social responsibility initiatives. Foster transformation of the workplace and support Nedbank achievement of the BEE initiatives and transformation targets; by contributing to an environment where diversity is valued. Improve work processes; productivity and reduce costs by offering innovative ideas and input to Group Risk and/or stakeholders and through soliciting input from managers and colleagues. Develop risk plans that enable the implementation of the business strategy by breaking it down into targets and obtaining approval of plan from relevant strategic committees such as EXCO; ERCO; BUCC; OPCOM etc. Ensure compliance with regulations and prevent losses by facilitating risk management in the business and by engaging with relevant stakeholders regarding risk related issues. Ensure alignment of area business processes to the Group Risk Framework by participating and providing information to Nedbank Risk Committees. Keep business updated on a regular basis and analyse information generated from the risk exercises by ensuring that risk monitoring exercises across the business take place and are in line with all known risks. Ensure business processes and systems are functioning by identifying and documenting risks. Track the performance and compliance of the team by allocating tasks to the team according to different risk areas. Ensure the business fully complies with risk standards by revising cluster risk process guidelines. Mitigate risks by providing the business with relevant information; guidance and advice based on regulatory standards; compliance and audit findings. Evaluate and analyse area audit findings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations. Meet financial objectives by containing costs. Ensure improvements on identified risks by engaging with business; understanding risks and by creating action plans. Operationalise the Nedbank Group Risk Framework by ensuring that business unit level ERCO governance structure and charters are implemented; ensuring adequate risk reports generated; risk meetings held and risk processes aligned with group. Build and maintain relationships with clients and service providers through attending meetings and utilising networking opportunities.

Job Responsibilities continued

Share information and knowledge with stakeholders; peers and team to by driving awareness campaigns. Build relationships; by reporting risk issues and by providing risk related information and risk profile reports to strategic committees; as per the Group Risk Framework. Report on the overall effectiveness of the governance, risk and internal control framework of the Group. Build long-term relationships and support stakeholders in reaching business objectives by keeping abreast of and sharing industry information with stakeholders. Support the achievement of the business strategy; objectives and values by understanding Nedbank risk strategy and Business Unit Plan. Identify training courses and career progression for self through input and feedback from management. Ensure all personal development plan activities are completed within specified timeframe. Share knowledge and industry trends with team and stakeholders during formal and informal interaction. Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations. Minimum Experience Level
3- 5 years experience in Risk Management Banking experience, inclusive of Regulatory experience Execution abilities and capabilities Essential Qualifications - NQF Level
Advanced Diplomas/National 1st Degrees Preferred Qualification
Bachelor of Commerce

Preferred Certifications

Member of Institute of Risk Management of South Africa and/or similar preferred certifications

Technical / Professional Knowledge

Banking knowledge Business Acumen Data analysis Governance, Risk and Controls Industry trends Relevant regulatory knowledge Business writing skills Principles of Programme Management Financial and risk reporting

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at +27 860 555 566


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Please contact the Nedbank Recruiting Team at +27 860 555 566